Rainbow Rare Earths RBW.L · GBp

Its shares trade on LSE under the ticker RBW.L. It has been listed since 30 January 2017. In the fiscal year to 30 June 2021, it reported revenue of $639,000 and a net loss of $2.7m. At that date it held total assets of $13.1m and shareholders' equity of $10.9m.

Rainbow Rare Earths Ltd. is a natural resources company, which engages in the exploration and mining of rare earth mineral concentrates. The firm is engaged in the exploration and development of the Gakara project, a rare earth deposit in Burundi, East Africa. The Gakara Rare Earth Project is located in the Bujumbura province of Western Burundi, which consists of a mining license and exploration license. The firm's principle asset, the mining license, is held through its subsidiary, Rainbow Mining Burundi SM. The Gakara project is located approximately 20 kilometers (km) south-southeast of Bujumbura and covers a combined area of approximately 135 square kilometers. Its exploration target at the project is rare earth element mineralization (REE), which is hosted in a system of narrow veins consisting of minerals bastnaesite and/or monazite. The company also owns approximately 10 mining claims covering a total of approximately 12 km square in Zimbabwe. The firm's subsidiaries include Rainbow International Resources Limited and Rainbow Burundi SPRL.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Adonis PouroulisNon-Executive Chairman of the Board$151,000
• Mr. George BennettChief Executive Officer, Executive Director, since 2019$581,000
• Mr. Pete GardnerChief Financial Officer
• Mr. Alberto BruttomessoProject Director
• Mr. Dave DoddTechnical Director
• Mr. Darryll CastleNon-Executive Director$47,000
• Mr. Atul BaliNon-Executive Independent Director$53,000
• Mr. Alexander LowrieNon-Executive Independent Director$53,000
• Mr. Shawn MccormickNon-Executive Independent Director$53,000
• Mr. J. Peter PhamNon-Executive Independent Director$47,000
• Ms. Cathy MalinsInvestors Relations Officer, since 2023

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